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, what about thinking about the gaps in medicare? it's a good program if there's no coverage for hearing aids, hearing aids batteries, dental care, dentures. these are real needs for seniors. so these programs can be adjusted by improveing the efficiencies of the programs but maybe bringing home some revenue not going back to the old mantra of let's cut, cut, cut. >> woodruff: we hear you and i know those are arguments you've bullpen making all over washington. max ritchman, thank you so much. >> thank you so much. >> woodruff: and we'll have different perspectives in the coming days. online we have a report from our partners at kaiser health news on how the fiscal cliff could affect health care for the military and for medicare patients. >> brown: next, a potential crisis of a different kind, one that has new urgency after hurricane sandy and that also involves federal spending: rising sea levels. today, new york city mayor michael bloomberg announced a new long-term initiative to protect the city from future natural disasters. he c
, what about thinking about the gaps in medicare? it's a good program if there's no coverage for hearing aids, hearing aids batteries, dental care, dentures. these are real needs for seniors. so these programs can be adjusted by improveing the efficiencies of the programs but maybe bringing home some revenue not going back to the old mantra of let's cut, cut, cut. >> woodruff: we hear you and i know those are arguments you've bullpen making all over washington. max ritchman, thank you so...
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Dec 1, 2012
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they say wait, what about these medicare cuts. 9 only people that brought up medicare cuts were the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got to outline what will go ahead with the deal. >> who is playing what hand, who is playing from strength here at this point. >> on this the president has the strength. no he request. first he won the election. second the polling shows that people are more likely to blame the republicans. third, if you look at the way the rules of the fiscal cliff are structured, the republicans lose big. the cuts, the sequestration, the cuts come out of defense disproportionately so they come out of republicans, so a lot of republicans said this is not a great place to wage this fight. we would rather not fight here. >> what do you t
they say wait, what about these medicare cuts. 9 only people that brought up medicare cuts were the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got...
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Dec 5, 2012
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part of it would means test social security, medicare benefits. in order, the benefits would go down for those at the higher income levels. we had the economist paul krugman on the "newshour" last night who said that, you know, not only do the polls show many american oppose, this but he said the benefit you get, the money that would be raised from doing that is really not enough to overcome the pain that he said it would cause lower and middle-income americans. >> well, first of all, it would cause no pain to lower and middle-income citizens because they wouldn't be affected. and i agree, it's only one of the things that needs to occur. it's a small part. there are many manager transformative things that need to happen in social security and medicare and my bill outlines both transformative things to really make them solvent. there's a $27 trillion unfund liebilityd there. let's go to me-- why in the world would american citizens subsidize my medicare? i've been very successful in business. i've been very fortunate to be in a country that allows
part of it would means test social security, medicare benefits. in order, the benefits would go down for those at the higher income levels. we had the economist paul krugman on the "newshour" last night who said that, you know, not only do the polls show many american oppose, this but he said the benefit you get, the money that would be raised from doing that is really not enough to overcome the pain that he said it would cause lower and middle-income americans. >> well, first...
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Dec 4, 2012
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that's the idea of raising the eligibility age for medicare. why isn't that something that might actually be a big first step? >> first of all it's very small amounts of money. congressional budget office put it at a little over $100 billion over ten years. that's trivial. it doesn't save very much money. 65- and 66-year-olds are young seniors so they don't cost a lot actually. they don't have the health problems. kicking them off the program doesn't save you very much money. it doesn't bend the cost curve. it makes almost no difference to the financial outlook but it's cruel. it's taking a lot of people who are counting on, able to have finally guaranteed insurance and kicking them out into we don't know whether obama care, how thoroughly it will be implemented. it's just it's it's exactly what i was saying. it sounds serious because it's hurting vulnerable people. if you actually look at the dollars and cents it's not serious at all. of course it will cost people much more. you're talking about saving for every dollar that the government says
that's the idea of raising the eligibility age for medicare. why isn't that something that might actually be a big first step? >> first of all it's very small amounts of money. congressional budget office put it at a little over $100 billion over ten years. that's trivial. it doesn't save very much money. 65- and 66-year-olds are young seniors so they don't cost a lot actually. they don't have the health problems. kicking them off the program doesn't save you very much money. it doesn't...
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Dec 3, 2012
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the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> ifill: but boehner, also on a sunday talk show appearance pushed back. >>
the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill:...
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Nov 29, 2012
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medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour": debating palestinian status at the u.n.; reading the fine print; tackling immigration reform and re-purposing digital data gathered during the campaign. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street tracked the ups and downs of the fiscal cliff drama in washington today. at one point, the dow jones industrial average was off more than 100 points. but stocks made up the ground after the president's talk of a deal by christmas. the dow ended with a gain of nearly 107 points to close at 12,985. the nasd
medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour":...
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Dec 7, 2012
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medicare plan b, raising the cost of the premium there. there are lots of options on the taebl and to get something that matches the 1.2 billion or trillion in new revenue, you got to have some real cuts, that is something he can offer boehner. >> woodruff: you touched on it, what about this conservative chorus now in the house who are saying that boehner has already given up by just even being willing to raise revenues. i mean and some of them are saying we're not sure we're going to vote for him for re-election. how much, does he really have serious pressure from the right or not? >> will with, i mean the problem he has is there's 18 of them. he threw four people off this week, three of them for not being sufficiently supportive of the caucus position, being to the right of the caucus. and so he starts off by making four enemies, basically,-- he's made enknee-- enemies. if 18 of them decided not to show up and vote for john boehner on the 3rd of january it would not be-- he would not be the speaker. i don't think that's going to happenme
medicare plan b, raising the cost of the premium there. there are lots of options on the taebl and to get something that matches the 1.2 billion or trillion in new revenue, you got to have some real cuts, that is something he can offer boehner. >> woodruff: you touched on it, what about this conservative chorus now in the house who are saying that boehner has already given up by just even being willing to raise revenues. i mean and some of them are saying we're not sure we're going to...
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Nov 30, 2012
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it also said entitlement programs, mainly medicare, will be cut by no less than $400 billion. and on the sidelines, the president hosted his defeated rival, mitt romney, at a private lunch today. mr. obama travels to suburban philadelphia tomorrow, pressing to raise taxes on top earners, but keep tax cuts for everyone else. wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an annual rate of 2.7% in the third quarter. the dow jones industrial average gained more than 36 points to close well above 13,021. the nasdaq rose 20 points to close at 3,012. the united nations general assembly voted today to recognize palestine as a non- member observer state. the tally was 138 to nine, with 41 abstentions. the u.s. voted no. it came after palestinian president mahmoud abbas appealed to the world body to issue the birth certificate of palestine. >> we did not come here seeking to delegitimize a state established years ago, and that is israel. rather, we came to affirm the le
it also said entitlement programs, mainly medicare, will be cut by no less than $400 billion. and on the sidelines, the president hosted his defeated rival, mitt romney, at a private lunch today. mr. obama travels to suburban philadelphia tomorrow, pressing to raise taxes on top earners, but keep tax cuts for everyone else. wall street initially fell after house speaker boehner said there'd been no progress on a fiscal cliff deal. but stocks rose later, on news that the economy grew at an...